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4 Jun 2024, 7:30 am
The Court upheld federal power to create a national bank as convenient to carrying into execution federal powers that solve collective-action problems for the states, and prohibited states from causing collective-action problems by taxing the bank. [read post]
31 May 2024, 6:00 am
The accord follows a separate $66.7 million deal agreed to by JPMorgan & Chase Co., Wells Fargo & Co., and Bank of America Corp. in 2021 over similar allegations of fixing ATM prices. [read post]
30 May 2024, 10:36 am
Bank of America challenged a NY law requiring banks to pay interest on mortgage escrow accounts. [read post]
22 May 2024, 4:03 am
Bank of America, N.A. subsequently acquired Countrywide Bank, N.A. [read post]
20 May 2024, 6:54 pm
We have written a fair amount about America’s anxiety, both financial and political. [read post]
16 May 2024, 9:05 pm
Carlin determined that, based on his study’s results, a three-month mask mandate would need to save just over 13,000 lives to be cost effective. [read post]
13 May 2024, 9:05 pm
Following the financial crisis and the 2023 banking crisis, regulators need the help of banks to save the banking system just as they did during the 2023 banking crisis. [read post]
12 May 2024, 9:01 pm
OCC’s Letter on Uniform Federal Banking Standards On November 9, 2023, the General Counsel of the Office of the Comptroller of the Currency (the “OCC”) issued a letter to the CEOs of all national banks and federal savings associations (“FSAs”) addressing uniform federal banking standards.[13] In the letter, the OCC explains that it is aware that some states have passed laws or taken other actions that… [read post]
10 May 2024, 6:45 am
The automobile manufacturer and energy company intervenors that supported the waiver included Ford Motor Company, Volkswagen Group of America, BMW of North America, American Honda Motor Co., Volvo Car USA, the National Coalition for Advanced Transportation, Advanced Energy Economy, Calpine Corporation, National Grid USA, the New York Power Authority, and the Power Companies Climate Coalition. [read post]
6 May 2024, 8:39 am
By Amanda Buonaiuto What is Looted Art? [read post]
4 May 2024, 4:00 am
Targeting them legislatively could save hundreds or thousands of lives per year. [read post]
4 May 2024, 4:00 am
Targeting them legislatively could save hundreds or thousands of lives per year. [read post]
30 Apr 2024, 3:10 am
According to a recent Bank of America survey, 62% of employees are stressed about their finances and 71% feel the cost of living is outpacing growth in their income. [read post]
26 Apr 2024, 2:15 pm
The Federal Reserve Bank reported that in 2022 the median retirement savings in America was $87,000 while the mean was $337,000. [read post]
12 Apr 2024, 5:55 am
Glas was convicted on charges of bribery related to the massive Odebrecht scandal involving officials in more than a dozen countries, mostly in Latin America. [read post]
10 Apr 2024, 9:01 pm
If executives being hired precisely to save a troubled bank from failure believe they could be held strictly liable for failing to save the bank, it will be exceedingly difficult to convince them to accept the responsibility. [read post]
9 Apr 2024, 3:02 am
According to a recent Bank of America survey, just 42 percent of employees rate their financial wellness as good or excellent – the lowest proportion since 2010. [read post]
9 Apr 2024, 1:23 am
In most of Europe, it’s busiest in the summer; in Southeast Asia, it’s often busiest in the late fall and winter; and in Central America, it tends to be busiest in the winter and early spring. [read post]
2 Apr 2024, 11:52 am
“But the persons deserving recognition are our clients who have saved lives, returned billions to the taxpayers, and risked everything to serve the public interest. [read post]
8 Mar 2024, 6:02 pm
America stood — America stood strong and democracy prevailed. [read post]
